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TOPIC: FTSE

FTSE 05 Nov 2012 08:33 #301

  • diver993
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screencast.com/t/r26KOLn9EU4

The weekly chart looks interesting....


FTSE100.png


I think I'll call the current sub-wave the 'presidential C wave'. On a fib extension it could reach 4676?
Probably completely wrong so DYOR B)
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FTSE 02 Nov 2012 23:23 #302

  • madmaxx
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ftse.png
madmaxx
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FTSE 02 Nov 2012 13:22 #303

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I'm looking to short this from 5916 as that's the main downtrend resistance:

FTSEdaily02_11_12.gif


dl.dropbox.com/u/20815047/FTSEdaily02_11_12.gif

Stop above 5932, the previous high.
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FTSE 01 Nov 2012 08:17 #304

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FTSE100.png



Ultimately I am looking at 5690ish purely on fibs. Obviously there will be a reversal in the middle somewhere.
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FTSE 31 Oct 2012 18:54 #305

  • gclark25
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No, but its another terrific example of how to marry Price action, Fibs & the RSI!!

Nice one Jack.
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FTSE 31 Oct 2012 16:20 #306

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Short closed due 2 levels of support on the hourly:

FTSEhourly.gif


dl.dropbox.com/u/20815047/FTSEhourly.gif
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FTSE 31 Oct 2012 11:08 #307

  • Jackozy
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Did anyone take the FTSE short at the 61.8% Fib?


FTSEhourly31_10_12.gif


dl.dropbox.com/u/20815047/FTSEhourly31_10_12.gif

Just got to work out a target now.
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